Bitcoin experienced a 5% decline after holders realized $1.03 billion in profits, marking the second-largest daily profit-taking event of 2026. This surge in selling followed Bitcoin's recent peak near $87,000 before retreating to around $81,000. The high level of realized profits indicates significant selling pressure, which often coincides with short- to mid-term market cooling and increased liquidations, totaling $520 million this week. The market's next direction depends on whether selling pressure continues or stabilizes, especially after notable outflows from U.S. spot Bitcoin ETFs.
Despite Bitcoin's recent $1.03 billion profit-taking event and a 5% drop noted in the article, on Pluang Bitcoin trades slightly higher with a 0.46% gain as of Oct 09, 2026 20:21 WIB, at Rp1.483.109.075. This price remains well within its 52-week range, supported by a strong market cap of Rp29.897,37 trillion and a high buy order activity of 76%, indicating ongoing investor interest despite recent volatility.
Derive (DRV) led crypto search interest, rising 14.88% to $0.548 with a market cap of $548.6M, following a previous 27% surge. Starknet (STRK) posted the largest 24-hour gain of 27.57%, trading at $0.0765 and valued at $570.2M. Other notable movers i...
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, represe...
On October 9, Cosmos Hub was the top-performing cryptocurrency, rising 17.05% to $2.07 amid a broad market rally where 67 of 90 tracked assets advanced. Other notable gainers included Bitway, Polkadot, Jupiter, and Aptos, each increasing over 10%. Me...
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
